Rich in its culture, cuisine, history, fashion and art, Italy is one of the fastest growing nations with profitable industrial sectors. With a highly developed production industry, Italy is among the 7 most industrialised nations in the world! In almost every kind of industry, especially automobile, technology, machinery and fashion & lifestyle, the economy of Italy stands as the 3rd largest national economy in the eurozone and the 8th largest by nominal GDP in the world.
The agriculture industry is a prime factor in the economy of Italy; it is one of the seven leading exporters of agricultural products in the world. The prime products that make Italy a dominant exporter are wine, olive oil, milk, wheat, fruits, and vegetables. Besides the mentioned industries, major fashion brands in the world come from Italy. Brands like Valentino, Versace, Prada, Armani, Dolce & Gabbana, Marni, Iceberg, Missoni, Trussardi, Moschino, Dirk Bikkembergs, Etro, and Zegna are currently headquartered in Italy.
“The forecasted apparel market value in Italy in the year 2020 will be USD 42,071 million.”
A few of the many top fashion Italian brands that rule the world!
“The stats suggest, the total contribution as a share of GDP of the tourism industry in Italy was 13% in 2017 and will rise to 14.3% by 2028”
The government of Italy encourages foreign investors to put their money in the booming business of their country. They grant them the same incentives that are enjoyed by the locals such as subsidised loans, cash grants and tax credit. If you’re planning to invest in Italy or build any business relationship there, it will be beneficial for your business in terms of growth and finance. To crack a favourable deal, localize your business card, official website, marketing collaterals and legal documents in Italian with us.
Planning to visit Italy anytime soon? Get a quote from us for translating your business cards, official website, and other important marketing content. And if your Italian business partner is planning to visit India, you may want to hire a professional Italian interpreter to have smooth business conversations with him. Write to us at request @ cmmlanguages (dot) com
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